T-ARA, SPEED, 5DOLLS, GANGKIZ fans have long shown their dislike for the poor management led by Core Contents Media CEO Kim Kwangsoo.

While 2014 has been a year of bad news in the Kpop World, we are happy to learn that Kim Kwangsoo has finally stepped down, with all the CCM artists now under the management of CCM subsidary MBK Entertainment, which has stepped up to replace CCM has the major label of CJ E&M Group.

Whose happy about this news? Leave your thoughts in the comments section below.